東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

The Impact of Investor Information P...

Blankespoor, Elizbethe Ann.

Linked to FindBook

Google Book

Amazon

博客來

The Impact of Investor Information Processing Costs on Firm Disclosure Choice: Evidence from the XBRL Mandate.

Record Type:	Electronic resources : Monograph/item
Title/Author:	The Impact of Investor Information Processing Costs on Firm Disclosure Choice: Evidence from the XBRL Mandate./
Author:	Blankespoor, Elizbethe Ann.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2012,
Description:	79 p.
Notes:	Source: Dissertations Abstracts International, Volume: 74-09, Section: A.
Contained By:	Dissertations Abstracts International74-09A.
Subject:	Studies. -
Online resource:	https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3530573
ISBN:	9781267694928

The Impact of Investor Information Processing Costs on Firm Disclosure Choice: Evidence from the XBRL Mandate.
Blankespoor, Elizbethe Ann.

The Impact of Investor Information Processing Costs on Firm Disclosure Choice: Evidence from the XBRL Mandate. - Ann Arbor : ProQuest Dissertations & Theses, 2012 - 79 p.

Source: Dissertations Abstracts International, Volume: 74-09, Section: A.

Thesis (Ph.D.)--University of Michigan, 2012.

This paper examines the effect of investor information processing costs on firms' disclosure choice. Using the recent eXtensible Business Reporting Language (XBRL) regulation as an exogenous shock to investors' processing costs, but not to firms' disclosure requirements, I find that firms increase their quantitative footnote disclosures after adoption of XBRL detailed tagging requirements designed to reduce investor processing costs. These results hold in a difference-in-difference design using non-adopting firms as the control group. To reinforce my finding that the disclosure increase is prompted by reduced investor processing costs, I examine cross-sectional settings where investor processing costs are likely to vary, showing that the disclosure increase is greater for firms where detailed information is more pertinent than summary measures (those with operations in multiple industries, more volatile earnings, and more disperse analyst forecasts), and smaller for firms with sophisticated investors. These findings suggest that investor processing costs can be significant enough to impact firms' disclosure decisions.

ISBN: 9781267694928Subjects--Topical Terms:

3433795
Studies.
Subjects--Index Terms:

Disclosure

The Impact of Investor Information Processing Costs on Firm Disclosure Choice: Evidence from the XBRL Mandate.
LDR:02311nmm a2200361 4500 001 2402673
005 20241029122358.5
006 m o d
007 cr#unu||||||||
008 251215s2012 ||||||||||||||||| ||eng d
020 $a 9781267694928
035 $a (MiAaPQ)AAI3530573
035 $a AAI3530573
035 $a 2402673
040 $a MiAaPQ $c MiAaPQ
100 1 $a Blankespoor, Elizbethe Ann. $3 3772915
245 1 0 $a The Impact of Investor Information Processing Costs on Firm Disclosure Choice: Evidence from the XBRL Mandate.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2012
300 $a 79 p.
500 $a Source: Dissertations Abstracts International, Volume: 74-09, Section: A.
500 $a Publisher info.: Dissertation/Thesis.
500 $a Advisor: Miller, Gregory S.
502 $a Thesis (Ph.D.)--University of Michigan, 2012.
520 $a This paper examines the effect of investor information processing costs on firms' disclosure choice. Using the recent eXtensible Business Reporting Language (XBRL) regulation as an exogenous shock to investors' processing costs, but not to firms' disclosure requirements, I find that firms increase their quantitative footnote disclosures after adoption of XBRL detailed tagging requirements designed to reduce investor processing costs. These results hold in a difference-in-difference design using non-adopting firms as the control group. To reinforce my finding that the disclosure increase is prompted by reduced investor processing costs, I examine cross-sectional settings where investor processing costs are likely to vary, showing that the disclosure increase is greater for firms where detailed information is more pertinent than summary measures (those with operations in multiple industries, more volatile earnings, and more disperse analyst forecasts), and smaller for firms with sophisticated investors. These findings suggest that investor processing costs can be significant enough to impact firms' disclosure decisions.
590 $a School code: 0127.
650 4 $a Studies. $3 3433795
650 4 $a Extensible Business Reporting Language. $3 3772916
650 4 $a Information processing. $3 3561808
650 4 $a Disinfection & disinfectants. $3 3695449
650 4 $a Software. $2 gtt. $3 619355
650 4 $a Regulation. $3 3561775
650 4 $a Hypotheses. $3 3560118
650 4 $a Proprietary. $3 3770938
650 4 $a Apartments. $3 811077
650 4 $a Taxonomy. $3 3556303
650 4 $a Current liabilities. $3 3690223
653 $a Disclosure
653 $a Processing costs
653 $a eXtensible Business Reporting Language (XBRL)
690 $a 0272
710 2 $a University of Michigan. $3 777416
773 0 $t Dissertations Abstracts International $g 74-09A.
790 $a 0127
791 $a Ph.D.
792 $a 2012
793 $a English
856 4 0 $u https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3530573